Nigeria Revokes Eleven Oil Licenses (See Their Names)

Posted by E.L.E.X on April 07 2020 under News









The Nigerian Government has revoked Oil Mining Licences (OML) of 11 oil and gas companies operating in the Marginal Fields.

The Guardian learnt that the affected companies include Movido–Ekeh, Goland – Otiti, Independent Energy – Ofa, Associated-Tom Shot Bank, Bayelsa – Ayala, Sogenal – Akeni and Delsigma–Ke.

Others are Bicta–Ogedeh, Guarantee–Ororo, Eurafic-Dawes Island and Sahara–Tsekelewu.

While The Guardian learnt that the companies were served letters on Monday to hands-off the asset, a spokesperson for Department of Petroleum Resources, Paul Osu, who did not directly confirm the development, requesting a time to establish the truth, justified any decision to terminate the licenses, stressing that the companies have been offered enough time to turn the assets around.

Osu insisted that should the Federal Government revoke the licence, it was in the best interest of Nigerians, particularly as there were needs to derive maximum value from available resources.




YOU MAY ALSO LIKE

Related Posts Pictures

Student drains pasta over the toilet to avoid washing the dishes in the sink (video)

Related Posts Pictures

Ondo State Government Uncovers N4.3Bn Kept In Secret Account For 10 Years

Related Posts Pictures

APC Are Planning To Steal $311M Abacha Loot Returned To Nigeria – PDP Alleges

Related Posts Pictures

BREAKING! Kano Government Confirms 6 New Cases Of Coronavirus

Related Posts Pictures

HORRIBLE!! RESIDENTS TIED UP A WOMAN AND TORTURED HER AFTER SHE WAS ACCUSED OF WITCHCRAFT IN ABIA [PHOTOS]

Comments


Add Comment

All fields are required!








Contact Us Picture

Are you interested in Advert placement | Promoting your Music or Video | Other Enquiries? We are always available to get that done for you without breaking a sweat. Send us a mail @ elextechnologies4@gmail.com | Call us @ 08132021949 | Message us via whatsapp @ 08132021949